The Artificial Intelligence Fraud Epidemic: Record $12.5 Billion Losses Drive Urgent Calls for Consumer Defense
Author: Consumers’ Checkbook Updated: August 20, 2026 Main Facts Financial fraud in the digital age has reached an unprecedented crisis point. According to ground-breaking data released by the Federal Trade Commission (FTC) in its Consumer Sentinel Network Data Book 2024, reported fraud losses skyrocketed to a historic $12.5 billion. This figure represents an alarming 25…
